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Sat, 19 Dec 1998
Indosat to raise $200m through rights issue
Indosat to raise $200m through rights issue JAKARTA (JP): International telecommunications operator PT Indosat expects to raise some US$200 million through a rights issue early next year to finance its expansion plans, according to State Minister for the Empowerment of State Enterprises Tanri Abeng.
Sat, 19 Dec 1998
UN official confirms rapes during May upheaval
UN official confirms rapes during May upheaval COLOMBO (Reuters): A United Nations investigator on Friday accused the Indonesian military under former president Soeharto of carrying out widespread rapes in various parts of the country.Radhika Coomaraswamy, U.N.
Sat, 19 Dec 1998
RI doctor refuses Thai massage
RI doctor refuses Thai massage BANGKOK (JP): Massage parlors are scattered across the city here but not all visitors are comfortable about their presence, or even pronouncing the words.It was still in the morning when an Indonesian medical official had a little argument with a taxi driver in front...
Sat, 19 Dec 1998
Allianz's firms set up foundation to help poor
Allianz's firms set up foundation to help poor JAKARTA (JP): The Allianz's companies in Indonesia, PT Asuransi Allianz Utama Indonesia and PT Asuransi Allianz Aken Life, have set up the Allianz Care Foundation with the aim of paying medical bills for the needy who are unable to cover their...
Sat, 19 Dec 1998
Indonesian stay put in Baghdad, says Alatas
Indonesian stay put in Baghdad, says Alatas JAKARTA (JP): Indonesia has no plans to evacuate its 123 citizens who are registered with the Indonesian Embassy in Baghdad, Minister of Foreign Affairs Ali Alatas said on Friday.
Sat, 19 Dec 1998
Poor English causes headaches
Poor English causes headaches BANGKOK (JP): Bangkok people were happy to welcome visiting athletes, officials and journalists to the 13th Asian Games, but they were not prepared to speak to the guests... in English.
Sat, 19 Dec 1998
Live TV shows
Live TV shows The following are sports competitions to be broadcast live this weekend on local TVs (all times in West Indonesia Time):Saturday:English soccer league: Chelsea v Tottenham SCTV at 10 p.m.Sunday:English soccer league: Arsenal v Leeds United Indosiar at 10:30 p.m.
Sat, 19 Dec 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Dec. 18,1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,675.00 7,825.00 7,675.00 7,875.00Austrian schilling 1 613.25 683.25 - -Australian dollar 1 4,624.40 4,884.40 4,635.00 4,935.00Belgian franc 1 205.40 230.
Sat, 19 Dec 1998
Southeast Asian currencies drift higher as yen surges
Southeast Asian currencies drift higher as yen surges SINGAPORE (Dow Jones): The U.S. dollar's fall against the yen in thin Asian trading late on Friday finally pushed sluggish Southeast Asian currencies higher, traders said."The U.S. raids on Iraqi are a non-factor now.
Sat, 19 Dec 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 18, 1998: Shares Close Change Trading Volume ------------------------------------------------------- Ades Alfindo 500 0 0 AHAP Insurance 400 0 0 Alter Abadi 300 0 91,500 Alumindo Light Metal 375 25 40,500 Alumindo Perkasa...
Sat, 19 Dec 1998
Pertamina scams could cause Rp 191 billion loss
Pertamina scams could cause Rp 191 billion loss JAKARTA (JP): Evidence of corruption uncovered by the Development Finance Comptroller (BPKP) at state oil and gas company Pertamina during the January-November period could inflict an Rp 191 billion (US$24.
Sat, 19 Dec 1998
Peat forests facing extinction from crisis-hit profiteers
Peat forests facing extinction from crisis-hit profiteersBy Jack Rieley PALANGKARAYA, Central Kalimantan (JP): We are witnessing the demise in Southeast Asia of one of the last wilderness ecosystems on this planet -- tropical peat swamp forest.
Sat, 19 Dec 1998
Govt demands a premium for Indofood stake sale
Govt demands a premium for Indofood stake sale JAKARTA (JP): The government will sell its 10.18 percent stake in PT Indofood Sukses Makmur at a higher price than that received by the Salim Group in its recent deal, State Minister of the Empowerment of State Enterprises Tanri Abeng said on Friday.
Sat, 19 Dec 1998
Monument for parachutists
Monument for parachutists BUN AIR BASE, Central Kalimantan: Air Force Chief of Staff Vice Marshal Hanafie Asnan dedicated a monument on Friday to mark the force's first ever parachute operation during the revolutionary struggle 51 years ago, Antara reported.
Sat, 19 Dec 1998
Supriati captures overdue RI gold
Supriati captures overdue RI gold BANGKOK (JP): Practice makes perfect for middle-distance runner Supriati Sutono, who won the 5,000-meter title at the 13th Asian Games here.A rigorous altitude training program in the tea plantations near the West Java town of Pangalengan, 350 kilometers east of...
Sat, 19 Dec 1998
Drivers protest route overlaps
Drivers protest route overlaps TANGERANG (JP): Dozens of minivan drivers have staged a protest at the local office of the Land Transportation Agency (DLLAJ) here, demanding that chronic route overlap be sorted out as soon as possible.
Sat, 19 Dec 1998
Mahathir accuses U.S. of meddling
Mahathir accuses U.S. of meddling KUALA LUMPUR (AFP): Prime Minister Mahathir Mohamad accused the United States on Friday of supporting a move to topple his government while blaming ousted deputy premier Anwar Ibrahim for "rioting" in Malaysia.
Sat, 19 Dec 1998
Muslims to start fasting on Sunday
Muslims to start fasting on Sunday JAKARTA (JP): The Ramadhan fasting month will begin on Sunday, Minister of Religious Affairs Malik Fadjar announced on Friday.Following a meeting of mathematics experts and representatives from major Muslim organizations, the ministry issued decree No. 654/Dec.
Fri, 18 Dec 1998
New security team for illegal rally
New security team for illegal rally JAKARTA (JP): The city security authorities have set up a special 1,000-member task force to maintain the implementation of Law No. 9/1998 on freedom of expression, a police officer said.City police spokesman Lt. Col.
Fri, 18 Dec 1998
PT Kimia Farma provides reputable services and products
PT Kimia Farma provides reputable services and productsPT (PERSERO) KIMIA FARMA Kimia Farma began in 1817 as a Dutch company called NV Chemicalien Handel Rathkamp & Co. After various name changes and the Indonesian government's nationalization of all Dutch pharmaceutical companies in 1958, it...
Fri, 18 Dec 1998
Guan's big leap takes China to magic 100
Guan's big leap takes China to magic 100 BANGKOK (AFP): Long jumper Guan Yingnan took China to a century of gold medals at the Bangkok Asian Games on Thursday -- but her team's accusations of attempted bribery cast a dark cloud over celebrations.
Fri, 18 Dec 1998
Bank Exim gets penalty
Bank Exim gets penalty WASHINGTON (Dow Jones): The Federal Reserve said Wednesday it had issued $100,000 in monetary penalties against an Indonesian bank and its New York agency.The Fed said it issued the penalty against Bank Ekspor Impor Indonesia (Bank Exim) of Jakarta in connection with...
Fri, 18 Dec 1998
City chiefs rapped for pussyfooting on official graft
City chiefs rapped for pussyfooting on official graft JAKARTA (JP): The Jakarta City Council criticized the administration on Thursday for its reluctance to thoroughly publicize malfeasance committed by officials.
Fri, 18 Dec 1998
Losing money
Losing money Customers of Bank Dagang Negara (BDN), like myself, stand to lose vast amounts of money through fraud that seems to be taking place at the bank.Here is my story.On Dec. 10, 1998 at 11:30 a.m.
Fri, 18 Dec 1998
Three held in Medan labor protests
Three held in Medan labor protests MEDAN (JP): Police fired warning shots on Thursday and arrested three people in a day of protests involving land tillers and plantation workers.Early in the day about 2,500 workers of PT Perkebunan Nusantara II Tanjung Morawa in Deli Serdang rallied at the North...
Fri, 18 Dec 1998
Veteran Yayuk courts triumph in twilight on tennis curcuit
Veteran Yayuk courts triumph in twilight on tennis curcuit BANGKOK (JP): It is always every athlete's dream to end their career on a high note, let alone with laurels that confirm their illustriousness.
Fri, 18 Dec 1998
IMF sees worst over for Thailand and South Korea
IMF sees worst over for Thailand and South Korea WASHINGTON (Reuters): The worst is over for Thailand and South Korea after last year's economic crises and Indonesia should soon follow them on the path back toward growth, a senior IMF official said on Wednesday.
Fri, 18 Dec 1998
Novartis at vanguard in raising public awareness
Novartis at vanguard in raising public awarenessNOVARTIS Pharmaceuticals have not been spared by the economic crisis.Robby Tiowidjaja, Sales and Marketing Director of Novartis, a Swiss multinational pharmaceutical firm, agreed that the effects were hard-felt because most prices of drug supplies and...
Fri, 18 Dec 1998
Habibie seeks review of forestry policies
Habibie seeks review of forestry policies JAKARTA (JP): President B.J. Habibie on Thursday sought a review of government policies on the exploitation of forests, which he said had so far benefited only certain groups.
Fri, 18 Dec 1998
Conversion Rates
Conversion Rates Bank Bali's conversion rates on Dec. 17,1998: TT rates Bank notes rates Buying Selling Buying Selling Rp Rp Rp Rp U.S. dollar 1 7,675.00 7,875.00 7,675.00 7,925.00Austrian schilling 1 616.40 686.40 - -Australian dollar 1 4,688.50 4,948.50 4,705.00 5,055.00Belgian franc 1 206.75 231.
Fri, 18 Dec 1998
Redistribute assets lawfully to avoid suspicion: Kadin
Redistribute assets lawfully to avoid suspicion: Kadin JAKARTA (JP): The Indonesian Chamber of Commerce and Industry (Kadin) called on the government on Thursday to pursue legitimate ways to redistribute productive assets to avoid suspicion among foreign investors.
Fri, 18 Dec 1998
Pharmaceutical firms set to compete
Pharmaceutical firms set to competeDIRECTOR GENERAL OF FOOD AND DRUG SUPERVISION DR. H. SAMPOERNO, MBA The Directorate General of Food and Drug Supervision (DITJEN POM) is invested with a mission to protect the health of the general public and enhance the quality and image of...
Fri, 18 Dec 1998
Nokia expects bullish market in 1999
Nokia expects bullish market in 1999 JAKARTA (JP): Finland-based mobile phone producer Nokia is bullish about the Indonesian cellular market's prospects next year because it expects the country's economy to start recovering.
Fri, 18 Dec 1998
Steps to protect workers 'slow compared to promotion'
Steps to protect workers 'slow compared to promotion' JAKARTA (JP): The government's schedule for ratifying international conventions, including those on the protection of migrant workers, over the next few years was too slow compared to the aggressive promotion of the use of Indonesian workers...
Fri, 18 Dec 1998
Year's drama in photo display
Year's drama in photo display JAKARTA (JP): Forty works by photojournalists showcasing the country's most dramatic moments of the year -- starting from the resignation of Soeharto to the fatal shooting at Semanggi cloverleaf -- will go on display at Antara Press Photo Gallery beginning Friday.
Fri, 18 Dec 1998
BPN to help farmers settle land dispute
BPN to help farmers settle land dispute JAKARTA (JP): State Minister of Agrarian Affairs/Chairman of the National Land Agency (BPN) Hasan Basri Durin promised on Wednesday to help settle a land dispute between residents of Malasari village in Bogor and farming company PT Nirmala Agung.
Fri, 18 Dec 1998
WB sees RI's debt service ratio level still manageable
WB sees RI's debt service ratio level still manageable JAKARTA (JP): World Bank country director Dennis de Tray said on Thursday that Indonesia's nearly 50 percent debt service ratio in the current 1998/1999 fiscal year was still manageable, although it had risen to an alarming level.
Fri, 18 Dec 1998
Many S. African buyers switch into RI market
Many S. African buyers switch into RI market JAKARTA (JP): Local firms can capitalize from the many South African importers switching their focus here in the wake of the rupiah's dramatic depreciation, the country's envoy said on Thursday.The South African ambassador B.S.
Fri, 18 Dec 1998
Hapless house buyers want down payment
Hapless house buyers want down payment JAKARTA (JP): Hundreds of customers of Bumi Indah housing complex in Tangerang intensified their struggle on Thursday to regain the down payments of between Rp 5 million (US$666) and Rp 8 million they paid to the site's developer.
Fri, 18 Dec 1998
Testing time again for rupiah, local stocks down 1.7 percent
Testing time again for rupiah, local stocks down 1.7 percent JAKARTA (JP): The rupiah wavered on Thursday to close at 7,800 against the U.S. dollar from the previous day's Rp 7,600, partly due to a resurgence in speculative trading, analysts said.Local stocks also lost ground to end 1.
Fri, 18 Dec 1998
Drug knowledge lacking among Indonesian public
Drug knowledge lacking among Indonesian public Unfortunately, an apple a day is often not enough to keep the doctor away when illness cramps your style.Many Indonesians choose to resort to traditional medicine for what ails them, and the herbal concoctions may indeed do the trick for more common...
Fri, 18 Dec 1998
Stock Exchange
Stock ExchangeStock prices on the Jakarta Stock Exchange (in rupiah) on Dec. 17, 1998: Shares Close Change Trading Volume -------------------------------------------------------- Ades Alfindo 500 0 0 AHAP Insurance 400 0 0 Alter Abadi 300 0 94,000 Alumindo Light Metal 350 0 122,500 Alumindo Perkasa...
Fri, 18 Dec 1998
S'pore, KL work to end water rift
S'pore, KL work to end water rift HANOI (AP): Malaysia and Singapore said on Thursday they had agreed to link an extension of their water-supply deal with other issues.Singapore, an island state, relies on Malaysia for water.
Fri, 18 Dec 1998
Indonesia's minorities
Indonesia's minorities Once again the Christians of the world, and with them many others, are about to celebrate Christmas, also known as the feast of peace.Peace, unfortunately, is something that cannot be found in too many places on earth.
Fri, 18 Dec 1998
WB delays additional $1 billion loan to RI
WB delays additional $1 billion loan to RI JAKARTA (JP): The World Bank has decided not to go ahead with plans to provide Indonesia with an additional US$1 billion loan in this fiscal year due to a narrowing of the country's budget deficit.
Fri, 18 Dec 1998
Can television help to revive local films?
Can television help to revive local films?By Antariksawan Jusuf JAKARTA (JP): The third annual French Movie Festival in Jakarta ended two weeks ago, but the impact remains. There are a lot of things Indonesian movie makers can learn from their French counterparts to help bring about "the...
Fri, 18 Dec 1998
Hun Sen hopes for full ASEAN admission soon
Hun Sen hopes for full ASEAN admission soon HANOI (AFP): Cambodian Prime Minister Hun Sen hopes his country can be admitted into ASEAN soon, comparing the process to a wedding ceremony for a registered marriage, an official army newspaper said here on Thursday.
Fri, 18 Dec 1998
Be wary of reform distractions: Arbi
Be wary of reform distractions: Arbi JAKARTA (JP): Superfluous issues thrown out to knock the reform movement off track can only be overcome through cooperation between campuses, political parties and the public, a political expert said on Thursday.
Fri, 18 Dec 1998
Ricky and Rexy salvage RI's badminton pride
Ricky and Rexy salvage RI's badminton pride BANGKOK (JP): Olympic badminton men's doubles champions Ricky Ahmad Subagja and Rexy Ronald Mainaky retained their Asian Games crown on Thursday to restore Indonesia's pride after two other gold medals up for grabs slipped through the badminton team's...
Fri, 18 Dec 1998
Over 90 injured in student-military clash
Over 90 injured in student-military clash JAKARTA (JP): At least 80 protesting students and 14 security personnel were injured during a serious clash between police and soldiers at a joint rally of some 4,000 students near the House of Representatives building on Thursday.